Anglo American plc (LON:AAL) Insider John Heasley Sells 12,085 Shares of Stock

Anglo American plc (LON:AAL) insider John Heasley sold 12,085 shares of the stock in a transaction dated Monday, April 15th. The shares were sold at an average price of GBX 2,224 ($27.69), for a total value of £268,770.40 ($334,582.85).

Anglo American Price Performance

Shares of AAL opened at GBX 2,095 ($26.08) on Wednesday. The firm has a market cap of £28.07 billion, a price-to-earnings ratio of 11,638.89, a PEG ratio of 1.76 and a beta of 1.30. The stock has a 50 day moving average of GBX 1,879.99 and a 200-day moving average of GBX 1,971.15. The company has a current ratio of 1.85, a quick ratio of 1.28 and a debt-to-equity ratio of 53.49. Anglo American plc has a 52 week low of GBX 1,630 ($20.29) and a 52 week high of GBX 2,815.50 ($35.05).

Anglo American Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, May 3rd. Stockholders of record on Thursday, March 14th will be given a $0.41 dividend. The ex-dividend date of this dividend is Thursday, March 14th. This represents a dividend yield of 1.89%. Anglo American’s payout ratio is 42,222.22%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Barclays restated an “overweight” rating and set a GBX 2,630 ($32.74) price objective on shares of Anglo American in a research note on Friday, February 9th. Jefferies Financial Group restated a “buy” rating and set a GBX 2,500 ($31.12) price objective on shares of Anglo American in a research note on Friday, February 9th. Berenberg Bank restated a “hold” rating and set a GBX 1,600 ($19.92) price objective on shares of Anglo American in a research note on Tuesday, March 26th. Finally, JPMorgan Chase & Co. restated an “overweight” rating on shares of Anglo American in a research note on Tuesday, April 9th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,493.33 ($31.04).

Anglo American Company Profile

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.